Monday, February 13, 2012

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SEP 17, 2009 4:52pm ET

Letter to the Editor: Contactless Cards as a Fraud Shield

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To the Editor:
Regarding 'Alliance Backs Contactless Cards as Encryption Option' [Sept. 15], the Smart Card Alliance position paper didn't say end-to-end encryption wasn't a good idea; instead, it made the case that encryption alone is not enough to protect the U.S. payment system.

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Facebook Moves into Payments

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Facebook's securities filings show its Facebook Credits digital currency business is exploding. Does it pose a serious threat to banks?

Yes. Facebook Credits threatens to cut off banks from transactions and customer data.

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Maybe. It depends on whether Facebook makes an aggressive move into ecommerce.

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Conferences
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17th Annual Best Practices in Retail Financial Services Symposium
March 11-13, 2012
Boca Raton Resort & Club, Boca Raton, FL

16th Annual National Collections & Credit Risk Conference
March 14-16, 2012
Hyatt Regency New Orleans, New Orleans, LA

6th Annual Mortgage Servicing Conference
April 17-19, 2012
Omni Mandalay Hotel at Las Colinas, Dallas (Irving), TX

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